Common use of Permitted Pledges Clause in Contracts

Permitted Pledges. Notwithstanding anything to the contrary in this Agreement, nothing herein shall prohibit (a) the Seller Shareholder, ▇▇▇▇ Kaoufman or any of his Affiliates from entering into an MK Permitted Pledge or (b) the Purchaser Shareholder, CEDC or any of its Affiliates form entering into a CEDC Permitted Pledge.

Appears in 2 contracts

Sources: Shareholder Agreement, Shareholders’ Agreement (Central European Distribution Corp)